What does endorsement mean?
Institutions and individuals that endorse the Client Protection Principles are committing to be a part of an industry-wide process to translate the Principles into standards, policies, and practices appropriate for different types of microfinance clients, products, providers, and country contexts. By endorsing these Principles, providers of financial services, networks, and individuals working in microfinance are committing to a process of implementation of the principles into their own organization’s operations and institutional culture. For MFIs, it begins with an examination of their own practice to identify areas for improvement and active promotion of the principles to staff. For networks, endorsement is a commitment to engage with its affiliated organizations to promote and support the Campaign and Coalition and to implement the principles. Individuals endorsing the Campaign are signaling their intention to honor the principles personally and to work within their own organization
